Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Vertical Maximum Price Fixing: State Oil v. Khan (CRS Report for Congress)

Premium   Purchase PDF for $24.95 (3 pages)
add to cart or subscribe for unlimited access
Release Date March 5, 1998
Report Number 98-218
Report Type Report
Authors Michael V. Seitzinger, American Law Division
Source Agency Congressional Research Service
Summary:

Respondent Khan and his corporation entered into an agreement with petitioner State Oil to lease and operate a gas station owned by State Oil. Respondents agreed to obtain the station's gasoline supply from State Oil at a price equal to a suggested retail price set by State Oil. The Supreme Court granted certiorari to consider whether State Oil's conduct constituted a per se violation of the Sherman Act. The Court held that State Oil's conduct did not constitute a per se violation, thereby overruling an earlier Supreme Court case.